Carnegie Oil Initiative

New oils are emerging in the United States and worldwide. The degree to which global oils differ from one another is increasing, from carbon-laden oils that resist flow to ultra-light petroleum liquids trapped in tight shale oil. Developing these unconventional oils requires a clear departure from business-as-usual practices. The Carnegie Oil Initiative provides expert analysis, strategic guidance, and policy frameworks to manage new oil assets while protecting the climate.

Is natural gas indeed a bridge fuel to a greener, low-carbon energy future? If American gas can maintain its attractiveness versus coal, this creates a sizable opportunity for both extant and emerging U.S. gas exporters.

Petcoke, a highly-polluting byproduct of refining heavier oils, can be more polluting than coal. Broad indicators show that highly-degraded petcoke ends up being burned to generate power in Asia, making it important to take stock of global petcoke markets and flows around South Asia.

Naím is a distinguished fellow at the Carnegie Endowment for International Peace, where his research focuses on international economics and global politics. He is currently the chief international columnist for El País, Spain’s largest newspaper, and his weekly column is published worldwide.

Ferchen specializes in China’s political-economic relations with emerging economies. At the Carnegie–Tsinghua Center for Global Policy, he runs a program on China’s economic and political relations with the developing world, including Latin America.

Nakhle was a nonresident scholar at Carnegie Middle East Center, specializing in international petroleum contracts and fiscal regimes for the oil and gas industry, world oil and gas market developments, energy policy, and oil and gas revenue management.